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International Business Operations (609)
Credits: 3

   

This is a multi-disciplinary course whose objectives are to enable the student to study the development and operation of the multinational firm - to become familiar with the special business and legal problems associated with establishing and managing offshore operations and engaging in international trade - to explore the relationships between business and government and the regulations of the business enterprises - to become familiar with contemporary international monetary affairs, and to analyze the cultural differences that create problems in international business operations.

Special attention is given to the motivation of multinational firms in their investments abroad and the impact of international operations on marketing, finance, operations, supply, human relations, and general management. Emphasis is placed on the development of strategies, tactics, and organizational structures for the various types of cultural environments and their effective implementation for market penetration.

Subjects covered include:

The Rapid Change of International Business Financial Forces
International Trade and Foreign Direct Investment Labor Forces
Theories of International Trade and Investment International Competitive Strategy
International Institutions from an International Business Perspective Organizational Design and Control
Understanding the International Monetary System Assessing and Analyzing Markets
Sociocultural Forces Entry Modes
Natural Resources and Environmental Sustainability Export and Import Practices
Economic and Socioeconomic Forces Marketing Internationally
Political Forces Global Operations and Supply Chain Management
Legal Forces Human Resources Management
Financial Management and Accounting

Increase Your Understanding of

• International Trade and Investment
• Global Supply Chain Management
• International Operations

Improve Your Ability to

• Market Internationally
• Manage an International Business
• Make Culturally-Aware Decisions

Professor: Keith Wade, B.A., M.B.A., Ph.D.
Text: "International Business - The Challenge of Global Competition" By Donald A. Ball, Wendell H. McCulloch, Jr., J. Michael Geringer, Michael S. Minor, Jeanne M. McNett, McGraw-Hill Irwin.

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